Human capital is
a. a stock of equipment and structures.
b. the result of investments workers make in themselves such as on-the-job training.
c. a difference in wages that arises to offset the nonmonetary characteristics of different jobs.
d. inversely related to the supply of workers.
b
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How did the U.S. government make the American public have confidence in the nation's currency in the 1870s?
(A) The government permitted state-chartered banks to issue currency. (B) The government established the First Bank of the United States. (C) The government backed the currency with cotton. (D) The government adopted the gold standard.
Relative prices describe the terms at which individual goods are exchanged for one another
a. True b. False Indicate whether the statement is true or false